Stablecoins

Tether CEO Confirms Company Nearly Ready for US Return After Trump Signs GENIUS Act

Tether CEO Confirms Company Nearly Ready for US Return After Trump Signs GENIUS Act

Key Notes GENIUS Act provides regulatory framework allowing banks and fintechs to issue stablecoins in the US market. Circle’s USDC dominates US with $65B circulation while Tether’s USDT leads globally with $162B market cap. Tether leverages strong international presence in Latin America, Africa, and Asia for competitive advantage. Tether, issuer of the world’s largest stablecoin, […]

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Polymarket mulls own stablecoin for efficient use of USDC reserves

Polymarket mulls own stablecoin for efficient use of USDC reserves

Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter. The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems. The source told the news

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PNC taps Coinbase to bring crypto trading into client accounts

PNC taps Coinbase to bring crypto trading into client accounts

PNC Financial Services Group has formed a partnership with Coinbase to let the bank’s customers access crypto services, as Bloomberg News reported on July 22. According to PNC’s head of treasury management Emma Loftus, the arrangement is in its early phase. It will begin by allowing wealth and asset management clients to trade cryptocurrencies directly

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Western Union Turns Bullish on Stablecoins Amid US Regulation

Western Union Turns Bullish on Stablecoins Amid US Regulation

Key Notes Western Union said it will allow customers to buy and sell stablecoins directly through its platform. Western Union is pivoting to stablecoins to enhance cross-border speed, lower costs, and stay competitive in the evolving fintech space. McGranahan highlighted stablecoins as a means to provide customers with a stable store of value, seamless fiat

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Republican Lawmaker Warns GENIUS Act Opens Door To Layered CBDCs

Republican Lawmaker Warns GENIUS Act Opens Door To Layered CBDCs

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Friday, US President Donald Trump signed the GENIUS Act into law, marking a pivotal moment for stablecoin regulation in the United States. After months of debate and two previous rejections, the bill finally passed through Congress, setting a clearer legal framework

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Today In Crypto: 3 Major Bills Passed In The US House, Here’s What You Should Know

Today In Crypto: 3 Major Bills Passed In The US House, Here’s What You Should Know

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US House of Representatives passed three significant pieces of legislation this week, hallmarking what many in the crypto industry are calling the most impactful week for crypto policy in recent memory.  The bills are meant to target the crypto market structure,

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JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins

JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins

JPMorgan’s latest research indicates that international regulators are more inclined to support tokenized deposits, particularly those that preserve the existing structure and stability of fiat-based banking systems, The Block reported on July 18. According to the Wall Street lender, financial regulators outside the United States are showing a growing preference for tokenized bank deposits over

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US Senator Says Crypto Could ‘Blow Up’ Financial System

US Senator Says Crypto Could ‘Blow Up’ Financial System

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits

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Tether’s USDT Breaks New Ground With 0 Billion Amid Surging Crypto Market Activity

Tether’s USDT Breaks New Ground With $160 Billion Amid Surging Crypto Market Activity

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Most of the major digital assets in the ever-evolving crypto market are experiencing significant growth, as evidenced by Tether’s USDT latest milestone. The popular stablecoin has now reached a new threshold in terms of overall market value, cementing its position as a

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Congress moves forward on digital asset regulations with GENIUS, CLARITY Acts

Congress moves forward on digital asset regulations with GENIUS, CLARITY Acts

The House passed the GENIUS Act in a 307‑122 vote and sent the bill to President Donald Trump, who plans to sign it at a White House ceremony tomorrow, according to Galaxy head of research Alex Thorn.  The 307‑122 tally showed that more than 100 Democrats joined most Republicans to advance the measure, which differed

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